R&D Spending Showdown: Taiwan Semiconductor Manufacturing Company Limited vs Garmin Ltd.

TSMC vs Garmin: A Decade of R&D Investment

__timestampGarmin Ltd.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201439512100056828800000
Thursday, January 1, 201542704300065544600000
Friday, January 1, 201646796000071207700000
Sunday, January 1, 201751163400080732500000
Monday, January 1, 201856780500085895600000
Tuesday, January 1, 201960536600091418700000
Wednesday, January 1, 2020705685000109486000000
Friday, January 1, 2021840024000124734800000
Saturday, January 1, 2022834927000163262200000
Sunday, January 1, 2023904696000182370000000
Monday, January 1, 2024993601000204182000000
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Unleashing the power of data

R&D Spending: A Tale of Two Giants

In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of innovation and future growth. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Garmin Ltd. have showcased contrasting trajectories in their R&D investments. TSMC, a titan in the semiconductor industry, has consistently ramped up its R&D spending, with a staggering 220% increase from 2014 to 2023. In 2023 alone, TSMC's R&D expenses reached an impressive 182 billion, highlighting its commitment to staying at the forefront of semiconductor technology.

On the other hand, Garmin Ltd., known for its GPS technology, has shown a more modest growth in R&D spending, with a 129% increase over the same period. Despite this, Garmin's strategic investments have allowed it to maintain a competitive edge in its niche market. The data for 2024 is incomplete, but the trend suggests TSMC's R&D spending will continue to outpace Garmin's.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025